MoF Issues Circular 46/2020/TT-BTC on Supports to Covid-affected Entities

On May 27, 2020, the Ministry of Finance (MoF) issued Circular 46/2020/TT-BTC on continued implementation of urgent measures to support entities affected by the Covid-19 pandemic. The ministry reduced fees and charges for some aviation services.

As of May 27, 2020, operators of airport and aerodrome infrastructure that provide flight guarantee services and airport business specified in Article 3 of Circular 247/2016/TT-BTC dated November 11, 2016 will pay a fee equal to 90% of the fee specified in Article 4 of Circular 247/2016/TT-BTC. Foreign flights landing on Vietnamese airports will pay a fee equal to 90% of the fee prescribed in Article 4 of the Circular. 194/2016/TT-BTC.

As of May 27, 2020, organizations and individuals authorized to provide secured transaction registration services for aircraft; issue certificates, licenses and permits in civil aviation; issue entry and exit permits to restricted areas at airports and aerodromes will be charged 80% of the corresponding fees stipulated in Sections VI and VIII (except for the contents specified in 4.1, 4.2, 4.3 , 4.4, 4.5.1, 5, 6 of Section VI and 4 of Section VIII), Part A - Tariff in aviation industry issued together with Circular 193/2016/TT-BTC dated November 8, 2016.

The above circular took effect from May 27, 2020 and will last through December 31, 2020. From January 1, 2021, the service tariff will be restored to the status quo before May 27, 2020.

Source: Vietnam Business Forum